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Is it wise to start a business with borrowed money?
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[QUOTE="anil02, post: 81408, member: 26501"] Every country have some culture and working style. I don't know about any other countries. but it in India it is very common to get loan to start and run business. Here in India government is also taking loan from public. Most of big business houses in India weather small or bit are taking loan from bank and other financial institute. One friend is asking to take money from friends and relative but it not easy. Money for short period from relative and friends is OK but not for long time, they also wants some return on their funds [/QUOTE]
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Is it wise to start a business with borrowed money?
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